Sunday, December 11, 2011

*Iraqi Dinar = U.S Dollar ~ Deputy in the Finance Committee is expected to equal the Iraqi Dinar against the U.S. Dollar during the next biennium

And ... Message from Phoenix ~ Looking Good ...

Snip ~ "and issued its decision, irreversible and started his first steps will be implemented during the next biennium from NOW.

December 10th ~ Iraqi Finance ~ Iraqi Dinar: Deletion of zeros from the Iraqi currency provided that necessary measures are sound and correct ...

December 11, 2011

Deputy in the Finance Committee is expected to equal the Iraqi dinar against the U.S. dollar during the next biennium

Baghdad (news) was likely a member of the Finance Committee and the representative / National Alliance / Haitham Jubouri Sarraldenaralaraca equal to the U.S. dollar during the next biennium after the implementation of the project to delete three zeros from the Iraqi currency.

Jubouri said In a statement to the Agency (news) said on Sunday: that the approach that the Central Bank of Iraq's retention rate Dinaromam dollar during the current period, it Maharidl that monetary policy in Iraq is able to make the Iraqi dinar is equal to the U.S. dollar "any Dinaraluahd matched by one dollar.

The to: that this retention was by selling huge amounts of dollars at auction, and inject some of the other of them to Iraqi banks to control the price of the Iraqi dinar against the dollar.

Continues ...read more ..

He Jubouri the next biennium will see a different direction with the central bank to make Aldenarabraghi equal to the dollar by pumping amounts Okbermn dollar and sell it at auction project to delete Alocefaralthelat of the Iraqi currency being makes the size of the Iraqi currency Bakdralamlh the U.S., and continued: Therefore, the citizen and the Altagralaraca does not need to replace his money to Atarand buy a commodity or a car or Other, confirming that the draft deleted Alasfaralthelat of currency "based", and issued its decision, irreversible and started his first steps will be implemented during the next biennium from now.

and Zkredo the Finance Committee that the Central Bank of Iraq will continue its policy to support Aldenarabraghi, expected next year will remain the Iraqi dinar conservative on the price front Aldolarralomirka. Earlier, Eliminated Edwalganh financial and parliamentary MP / Kurdistan Alliance / Najiba Najib increase Sarraldenaralaraca against the Dollar over the next year as a result of the Iraqi economy is still dependent on oil revenues annually. said Najib in an earlier statement (of the Agency news):


I expect during the year (2012) retained Aldenarabraghi its price against the dollar but did not increase its value the fact that Iraq continues its economy unilaterally dependent on oil Baaradath annual.

The answer: If the government wants the federal and relevant state of Iraq to make Aldenarabraghi strong toward foreign currencies, it should consider how to strengthen the Iraqi economy and its diversity through the activation of all economic sectors in the country.

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